Facebook's Bold Move

Facebook (FB) purchased on Wednesday something called WhatsApp for $19 billion dollars. The company has only 55 employees and the purchase price values each user of the WhatsApp service at about $40.

My au pair uses WhatsApp to communicate with friends and family in Brazil. She loves it and rarely uses Skype because of it. Here's how it works: You speak into your phone, and then press send. It's similar to text messaging, but you are sending and receiving voice instead of text. You can also send pictures and video. Unlike Skype, WhatsApp doesn't require a steady, stable Internet connection....432 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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